Convenor of Jamaicans United for Sustainable Development, Richard ‘Dickie’ Crawford says while he recognises the priority in repaying the country’s debt, his group is disappointed in the cuts to critical ministries.
The ministries that will have less to spend in the 2012/2013 fiscal year include Health, Education, Justice and National Security.
Crawford believes the cuts in those ministries will have implications and could create difficulties for economic activity.
On Wednesday, the Washington-based Center for Economic and Policy Research stated in a report that developing countries like Jamaica need to increase spending on vital sectors such as health and education.
The report also stated that Jamaica’s fragile economic recovery will be dangerously hampered by demands by the International Monetary Fund (IMF), and other donors.
Crawford said the negotiation of an IMF agreement that is more conducive and helpful is needed to give Jamaica, the time to repay its debt and create opportunities for growth and development.
radio@gleanerjm.com
The ministries that will have less to spend in the 2012/2013 fiscal year include Health, Education, Justice and National Security.
Crawford believes the cuts in those ministries will have implications and could create difficulties for economic activity.
On Wednesday, the Washington-based Center for Economic and Policy Research stated in a report that developing countries like Jamaica need to increase spending on vital sectors such as health and education.
The report also stated that Jamaica’s fragile economic recovery will be dangerously hampered by demands by the International Monetary Fund (IMF), and other donors.
Crawford said the negotiation of an IMF agreement that is more conducive and helpful is needed to give Jamaica, the time to repay its debt and create opportunities for growth and development.
radio@gleanerjm.com
Comment